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HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US.  As usual, the proposals were open for comment, and many thousands of them were received.  Mine was among them, and is shown ... more...

Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for.      1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more...

home buying real estate loan interest insurance policy bridge related definitions

Title Insurance
Title Insurance A policy, issued by a title insurance company, which insures a home buyer against errors in the title search. The cost of the policy is usually a function of the value of the property, and is often borne by the purchaser and/or seller. Policies are also available ... more...

Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more...

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Credit Help: Buying Real Estate -- Not the Same as Buying Cars
Credit for Buying Real Estate is Different than Credit for Buying CarsForget what you've been told about credit.You may be shocked at some of these tips because this information runs contrary to what other so called experts tell you. Qualifying for a real estate purchase requires different credit ... more...

A Brief Look At Various Types of Loans Available
A Brief Look At Loans "Innovative financial packaging" is how it is sometime known. Essentially what this means is that financial institutions look for more and more ways to lend to their customers - after all, charging interest on a debt is the main way that they make their money. But, with ... more...

Why Mobile Homes?
There are mobile homes for sale, for much less than stick-built houses, in most areas of the country. Despite persistent predjudice against them, and sometimes the people living in them, mobile homes are the cheap housing choice of millions. The advantages are not always obvious, but they are real ... more...

Buying Life Insurance? One Tip to Save You Thousands!
It's simple, always have your Life Insurance policy Written in Trust. This may sound technical but it is easy to understand and it's so easy to organise.Written in Trust ensures that in the event of a claim, the policy will pay directly to the beneficiaries you name on the policy when you first ... more...

Save Time With a Bridge Loan
Why You Need a Bridge LoanYou have to move fast in todays housing market if you want to get into the home of your dreams. In cities such as Seattle or San Francisco its not uncommon for a buyer to receive half a dozen offers within the first day or two after putting the house on the market.Unless ... more...

Bad Credit Loans Authenticate What Is Positive About Bad Credit
This might not be the front page news but it is now out in the open! Bad credit is getting loans all kinds of loans. Lending institutions, banks and other financial constitutions are coming forward to provide loans for bad credit. There is a new rescue programme for people with bad credit - bad ... more...

What are Home Improvement Loans?
Home improvement loans are loans specifically designed by loans companies to help you fund an essential home improvement projects.Home improvement loans provided by loans companies are secured on the value of the borrower's property. The amount available to the borrower is subject to the equity in ... more...

Buying Properties in Foreclosure and Pre-Foreclosure!
Foreclosure is a legal process that a lender initiates after the borrower fails to repay the loan as per the terms of the contract. The lender initiates the foreclosure process to reclaim the possession and ownership of the property. If the borrower misses three consecutive monthly payments(state ... more...

Real Estate Investing and Home Ownership
If you already own your home, you will probably make money in real estate without ever buying another property.The home you are currently buying with a mortgage is probably one of the most valuable appreciating assets you will ever own.You are making money by living in your own home, even if you ... more...

Seller Financing
Although any loan used for buying real estate is strictly called a purchase money mortgage, the term is often employed for seller financing, those transactions in which you "take back" a mortgage as part of the purchase price. These arrangements are suitable, of course, only when you do not need ... more...

Why Choose a Bridging Loan?
Listed below are some of the reasons for choosing a bridging loan. A bridging loan is a short term mortgage which is secured by your property. This is usually arranged by getting a mortgage on the new property, and taking out a second mortgage on the property being sold.In effect, this type of ... more...

Part 1: FAQs From Media Interviews With Real Estate Author
Do you feel there is going to be a real estate bubble?Nash: No. Are some coastal and resort markets over-heated, yes. I dont feel that markets will collapse. But investors and property owners should be ready for longer market times, diminishing over-full-price and multiple offers in over-heated ... more...


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